GE Hitachi To Pay $2.7M To Settle Reactor Design FCA Suit

By Daniel Wilson

Law360, Washington (January 23, 2014, 8:12 PM ET) -- A General Electric Co. and Hitachi Ltd. joint venture has agreed to pay $2.7 million to settle a whistleblower suit alleging it made false statements to federal regulators to hide flaws of a component used in a partially government-funded nuclear reactor design, the U.S. Department of Justice announced Thursday.

GE Hitachi Nuclear Energy Americas LLC agreed to the settlement, filed in North Carolina federal court, to resolve allegations that it misled the U.S. Department of Energy and the Nuclear Regulatory Commission over a component known as...